With the growth in the number of vehicles daily and rapid expansion in the technology involved in the same, it has become very important to develop a good cybersecurity system. If attention is not paid to the same, one can hack into the system and can give birth to many fraudulent activities. An automotive cybersecurity system thus is an efficient and effective solution to deal with cyber threats by detecting the risk, rectifying it, and protecting the computer’s security system from any future threats.
The automotive cyber security market is expected to reach USD 7.89 billion by 2028. This means that while the market is currently standing at the value of USD 1.75 billion, for the forecast period 2021-2028, the automotive cyber security market will exhibit a CAGR of 20.73%. The analysis of various factors responsible for the same and insights about the market are provided in this report.
The growing adoption of advanced technologies in the automotive sector is the prime reason for the increase in demand for an effective and efficient security system. Rising cyber threats in the transportation and automobile sector will further boom up the demand. Rising intercity transportation and logistics services will further help the automotive cyber security market to grow and expand. Also, rise in demand of commercial and passenger vehicles built-in with advanced technology along with the rise in personal income will create more opportunities for the market.
The competitor strategies analysed here generally include new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others that boost their footprints in the market. For an achievement of business at local, regional as well as international level, this high quality Automotive Cyber Security market research report is a definitive solution. In addition, this market report comprises of vital aspects of the market that contains but are not limited to historic data, present market trends, environment, future trends, technological innovation, upcoming technologies and the technical progress in the ABC industry.
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Major Market Competitors/Players
The major players covered in the automotive cyber security market report are ESCRYPT, Continental AG, Bosch Limited, HARMAN International, DENSO CORPORATION, Aptiv, Karamba Security, SafeRide Technologies, ARILOU Automotive Cyber Security, part of NNG Group, GUARDKNOX, Infineon Technologies AG, Argus Cyber Security Ltd., Intel Corporation, Lear Corporation, SBD Automotive Ltd, Honeywell International Inc., Vector Informatik GmbH, NXP Semiconductors., Capgemini and secunet among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Segmentation : Global Automotive Cyber Security Market
Automotive cyber security market is segmented on the basis of security, form, application, vehicle type, offering and electric vehicle type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Global automotive cyber security market is segmented on the basis of security into endpoint, application and wireless.
- On the basis of form, global automotive cyber security market is segmented into in-vehicle and external cloud services.
- On the basis of application, global automotive cyber security market is segmented into ADAS & safety, body control & comfort, infotainment, telematics, powertrain systems, communication systems.
- Passenger vehicles, light commercial vehicles and heavy commercial vehicles are the segments of the global automotive cyber security market on the basis of vehicle type.
- On the basis of offering, the global automotive cyber security market is segmented into software and hardware.
- Global automotive cyber security market is segmented into battery electric vehicle (BEV), hybrid electric vehicle (HEV) and plug-in electric vehicle (PHEV) on the basis of type of electric vehicle.
New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC at @ https://www.databridgemarketresearch.com/toc/?dbmr=global-automotive-cyber-security-market&utm_source=SagarK&utm_medium=SagarK&utm_campaign=SagarK
Country Level Analysis
The Automotive Cyber Security market is analysed and market size insights and trends are provided by country, distributional channel, end-user, connectivity and lawn covered as referenced above.
The countries covered in the Automotive Cyber Security market report are U.S., Canada and Mexico in North America, Peru, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Kuwait, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Automotive Cyber Security market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Automotive Cyber Security market.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
Major Highlights of Automotive Cyber Security Market in Covid-19 pandemic covered in report:
The report provides impact of COVID-19 on Automotive Cyber Security market along with its impact on overall industry and economy of world. Further, it adds changes in consumer buying behavior as it impacts majorly on market growth and sales. Distributors and traders on marketing strategy analysis focusing on region wise needs in covid-19 pandemic is also added in the Automotive Cyber Security market report. The last segment of COVID-19 impact chapter include recovery and major changes opted by major players involved in Automotive Cyber Security market.
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
COVID-19 Impact on Automotive Cyber Security Market @ https://www.databridgemarketresearch.com/covid-19-impact/global-automotive-cyber-security-market?utm_source=SagarK&utm_medium=SagarK&utm_campaign=SagarK
Table of Content:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY PRODUCT
PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
PART 10: CUSTOMER LANDSCAPE
PART 11: MARKET SEGMENTATION BY END-USER
PART 12: REGIONAL LANDSCAPE
PART 13: DECISION FRAMEWORK
PART 14: DRIVERS AND CHALLENGES
PART 15: MARKET TRENDS
PART 16: COMPETITIVE LANDSCAPE
PART 17: COMPANY PROFILES
PART 18: APPENDIX
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